41. The DPRK's Decrepit Economy, Pyongyang's Achilles Heel
- Author:
- Dick K. Nanto
- Publication Date:
- 09-2007
- Content Type:
- Journal Article
- Journal:
- International Journal of Korean Studies
- Institution:
- International Council on Korean Studies
- Abstract:
- For a country ever on the brink of mass starvation, the DPRK in 2008 appears to have inched yet closer to an economic abyss that may generate famine and starvation not seen since the mid-1990s. This comes at a time when the Six Party Talks have reached what could be a turning point. In the talks, North Korea's decrepit economy serves as a primary source of leverage that parties in the talks are wielding to move decision making forward. “Great Leader” Kim Jong-il, who ever portrays himself as invincible, may find that the economy is his Achilles heel.
- Political Geography:
- North Korea and Pyongyang